CMA
Comerica Inc
Price:  
50.77 
USD
Volume:  
1,949,783.00
United States | Banks
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Comerica Fair Value

0.71 %
Upside

As of 2024-05-28, the Fair Value of Comerica Inc (CMA) is 51.13 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 50.77 USD, the upside of Comerica Inc is 0.71%.

50.77 USD
Stock Price
51.13 USD
Fair Price
FAIR VALUE CALCULATION

Comerica Fair Value

Peter Lynch's formula is:

Comerica Fair Value
= Earnings Growth Rate x TTM EPS
Comerica Fair Value
= 9.75 x 5.24
Comerica Fair Value
= 51.13

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 1,202.00 497.00 1,168.00 1,151.00 881.00 979.80
YoY growth -2.67% -58.65% 135.01% -1.46% -23.46% 9.75%

Comerica Fair Value - Key Data

Market Cap (mil) 6,731.59
P/E 9.69x
Forward P/E 7.34x
EPS 5.24
Avg earnings growth rate 9.75%
TTM earnings 695.00